Considering the ongoing aggression by Iran against Kuwait, including threats against the safe passage of ships through the Strait of Hormuz, Kuwait Petroleum Corporation (KPC) has implemented a precautionary reduction in crude oil production and refining throughput.
Mina Al Ahmadi Refinery, operated by Kuwait National Petroleum Company (KNPC), came under drone attacks in the early hours of Friday. These attacks resulted in a fire in several units within the refinery but caused no injuries, as per preliminary assessments, said a statement from Kuwait Petroleum Corporation (KPC).
A drone strike has forced the temporary closure of the Ras Tanura Refinery, one of the world’s largest oil processing facilities in Saudi Arabia, dealing a fresh blow to global energy markets already on edge over escalating regional tensions.
US President Donald Trump has announced plans for what he described as a $300 billion refinery investment in Texas backed by India’s Reliance Industries, calling it the first new oil refinery to be built in the United States in nearly 50 years and a major step toward restoring American energy dominance.
The total production of refineries in Oman recorded a 12.5 per cent increase by the end of December 2025, reaching 84,739,200 barrels compared to the end of December 2024, according to preliminary statistics issued by the National Centre for Statistics and Information (NCSI).
Oman's refinery sector recorded a 6.2 per cent increase in total production through August 2025, according to preliminary data from the National Centre for Statistics and Information (NCSI).
